Lifeway Foods Shares Skid After Danone Pulls Acquisition Offer; French Giant May Align with Corporate Dissenters

Lifeway Foods shares skidded over 20% in trading so far today after global diary giant Danone said it was pulling its offer to buy the kefir maker and reviewing alternatives for its 22.7% stake. Among moves it's considering: aligning with alienated family members of CEO Julie Smolyansky who're agitating to...
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Publishing Info

  • Year: 2025
  • Volume: 22
  • Issue #: 191
  • Issue Date: 09/18/2025